www.legalconsortium.org

The VisionStandards and Governance of Blockchain in the Legal Industry

Without major intermediaries (cloud-based software, cloud-based document storage, etc.) to provide convenience and standards, it is necessary for industries themselves to band together to jointly develop standards and governance, thus the typically non-profit, consortium strategy.

The legal industry is finally about to follow in the footsteps of other industries
David Fisher, CEO Integra

The MissionCollaborative Governance

The mission of the Global Legal Blockchain Consortium is to organize and align the stakeholders in the global legal industry with regard to the use of blockchain technology to enhance the security, privacy, productivity, and interoperability of the legal technology ecosystem.

In furtherance of its purpose, the GLBC, whether through the Board of Directors or the appropriate committee or advisory board, will adopt policies that promote a universal, blockchain-based technology infrastructure for law.

The DetailsDiscover the Solution

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Step 1: Statement of Interest

First, inform the GLBC of your interest in joining.

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Step 2: Proof of Concept

The member firms of the GLBC all commit to sponsoring or supporting one or more proofs of concept. As part of your investigation of membership, identify one or more use cases for blockchain in the business of law.

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Step 3: Memorandum of Understanding

When you are ready to join the GLBC, the process begins with a Memorandum of Understanding.

The Goal A global network of high impact initiatives, driven by key stake holders of the legal industry.